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Entercom Not a Bidder For Cox Stations

8-6-2012

Field says the Cox radio stations recently put up for sale are not of interest to him. He says, while KBLX was a unique situation, enabling Entercom to fill out a cluster in that city, the Cox stations are in smaller markets Entercom is not focused on. He said the focus of the company is bringing down the debt, "we are not players in that process."As of June 30th, Entercom had $6.7 million in cash and $610.8 million in senior debt.